what is hidden goodwill
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Hidden Goodwill means the value of goodwill that is not specified at the time of admission of a partner. If the new partner requires to bring the share of goodwill, then, in this case, we have to calculate the value of the firm’s goodwill.
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Explanation:
Hidden Goodwill means the value of goodwill that is not Specified at the Time of admission of a partner. In Other Words,We can Say hidden Goodwill is the Inferred Goodwill.
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